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Chris invested 2300 in two businesses the card business made a 14 percent profit while the bike shop showed a 6 percent loss if her net profit was 102 what was her investment in the card business?
Corndoggy
14c/100 -6b/100 = 102 and c + b = 2300 c = 2300 - b, so 14 x(2300 - b)/100 - 6b/100 = 102 (32200 - 14b) - 6b = 10200 32200 - 10200 = 6b + 14b 22000 = 20b b = 1100, c = 1200 Check: loss on bikes 66, profit on cards 168, net profit 102 QED
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rose by 1 percent
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rose by 1 percent
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